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GBP/USD Signal - GBP Claimant Count Change - 14 Dec 2020

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Signal Details
Entry Price: 
1.3321
Take Profit: 
1.3415
Stop Loss: 
1.3230
Direction: 
Buy
Result: 
Profit
How we trade
Average: 5 (2 votes)

GBP/USD is trading to the upside today prior to GBP Claimant Count Change. The Claimant Change released by the National Statistics presents the number of unemployed people in the UK. There is a tendency to influence the GBP volatility. Technically the pair is trading above the 50 moving average, and we anticipate further upside on the GBP/USD into the 1.3415 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.